Julian Lee

Stay informed with Julian Lee’s coverage and analysis for Fortune.

  • The shadow fleet tanker Turbo Voyager, right, passes within 600 meters of a general cargo vessel as it transits through the Great Belt of Denmark off the coast of Agerso, Denmark, on Thursday, Aug. 15. 2024. On the small Danish island of Agerso, fisherman and beach-goers see old tankers carry Russian oil through Denmark’s narrow straits on a daily basis. Photographer: Carsten Snejbjerg/Bloomberg via Getty ImagesFinance

    Why Biden’s farewell Russian oil sanctions are a big deal

    By Julian Lee and Bloomberg
  • HOUSTON, TX - JULY 3: The Russian supertanker Astro Lupus waits to unload its cargo of the first direct shipment of Russian crude oil to the United States 03 July 2002 in the Gulf of Mexico 50 miles from Houston, Texas. Russia is the world's second largest oil exporter. (Photo credit should read POOL/AFP via Getty Images)Politics

    Dozens of Russian oil tankers drift empty and idle across the world’s oceans, stranded by European sanctions

    By Eleanor Thornber, Julian Lee, and others
  • Tankers and bulk carriers sit trapped in ice at the frozen winter boatyard on the Lena River beside Zhatay village, near Yakutsk, Sakha Republic, Russia, on Monday, Feb. 15, 2016. Yakutsk, the capital of Russia’s diamond-producing Yakutiya region in eastern Siberia, has a reputation as the world’s coldest city. Photographer: Andrey Rudakov/Bloomberg via Getty Images

    Russian oil tankers are traveling 3,300 miles through the Arctic Circle to get to China—and it’s a shortcut

    By Elina Ganatra, Julian Lee, and others
  • Red Cross medics check the temperature of a policeman during the 178th meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna, Austria, on March 6, 2020. - All eyes are on Russia at the gathering of OPEC countries and their allies, with the cartel hoping to convince Moscow to back drastic production cuts to counter the effects of the coronavirus outbreak. (Photo by ALEX HALADA / AFP) (Photo by ALEX HALADA/AFP via Getty Images)International

    Why the Saudi Arabia-Russia oil price war could mean the death of OPEC

    By Julian Lee and Bloomberg
  • TOPSHOT - A picture taken on September 15, 2019 shows an Aramco oil facility near al-Khurj area, just south of the Saudi capital Riyadh. - Saudi Arabia raced today to restart operations at oil plants hit by drone attacks which slashed its production by half, as Iran dismissed US claims it was behind the assault.

    Saudi Arabia Has Few Options to Replace the Massive Drop in Oil Output From Its Attacked Plant

    By Anthony DiPaola, Javier Blas, and others